Healthcare Management Concentration

Specialize your Online MBA and prepare for higher level healthcare administration positions with a concentration in Healthcare Management. Develop your leadership and managerial skills to directly impact improving healthcare delivery and accessibility.

Tap into an expertly designed curriculum that focuses on business, technology, and critical skills

Tap into an expertly designed curriculum that focuses on business, technology, and critical skills

Participate in courses limited to 20 students to develop a closer connection to faculty and peers

Participate in courses limited to 20 students to develop a closer connection to faculty and peers

Study at a top-tier business school with experience built into its DNA

Study at a top-tier business school with experience built into its DNA

Take part in our optional domestic campus residency where you can meet fellow online students on campus

Take part in our optional domestic campus residency where you can meet fellow online students on campus

Take part in our optional domestic campus residency where you can meet fellow online students on campus

Graduate in as few as two years

Online MBA with a Concentration in Healthcare Management

Two healthcare administrators survey a screen showing graphs and tables.

Northeastern University’s Online Master of Business Administration (MBA) with a concentration in Healthcare Management prepares you to pursue high-level healthcare administration positions and make a profound impact in a dynamic, important field. Develop the leadership and managerial skills needed to effectively drive positive change in healthcare accessibility, care delivery, and patient outcomes.

During your program, you’ll have the opportunity to dive into a host of high-value healthcare topics. These can include historical and contemporary functioning of the U.S. healthcare system, data analysis and implementation, personal health record management and storage, and operating and capital budget utilization.

Three of your five electives must be from the following concentration courses:

MBA Healthcare Management Jobs at a Glance

Graduates with specialized knowledge in healthcare management commonly pursue management positions, such as hospital administrator, pharmaceutical project manager, medical and health services manager, and healthcare executive.

Hospital Administrator

Hospital administrators keep healthcare facilities running effectively and efficiently. By overseeing financial, legal, and staffing obligations, they help a facility deliver care that optimizes patient outcomes. This position is well suited to those with experience in the industry who’ve pursued an MBA to transition to a management role.

A hospital administrator’s median annual salary is around $87,500. Responsibilities include overseeing a healthcare facility's or hospital's overall operation, managing a healthcare facility’s budget and cost efficiency, providing employee training to help minimize gaps in patient care, and ensuring that practices are compliant with federal, state, and local laws.

Hospital Administrator Job Description

Those in hospital administration oversee operational processes, facility budgets, and employee training. They also develop solutions to address operational or care delivery inefficiencies. Additionally, hospital administrators keep abreast of changes in healthcare-related laws and regulations to ensure compliance on federal, state, and local levels.

Hospital Administrator Salary

PayScale lists the median annual salary for hospital administrators at around $87,500 as of January 2021. Salaries can vary depending on education, experience, and job location. For example, PayScale reports that hospital administrators in Los Angeles earn 20% above the national average, while in Houston they earn 16% above the national average.

Pharmaceutical Project Manager

Pharmaceutical project managers guide new and variant medications to market. They often collaborate with biochemical engineers and development scientists, and the pharmaceuticals they help produce can positively impact tens of thousands of patients. Those with an MBA seeking an advanced role in the pharmaceutical side of care may be interested in this career.

A pharmaceutical project manager’s median annual salary is around $94,100. Responsibilities include overseeing the development and production of new or variant pharmaceuticals, work with development scientists and biochemical engineers to identify potential medications, managing testing and analysis of clinical trials and clinical trial results, and working with branding and marketing groups to effectively bring medications to market.

Pharmaceutical Project Manager Job Description

Pharmaceutical project managers oversee the development and production of medicines and variations of existing medicines. They work with other professionals to identify potential medications and play a key role in clinical trials, managing the trial process and analyzing the results. When a medication has been manufactured, pharmaceutical project managers work with branding and marketing groups to launch it in the marketplace.

Pharmaceutical Project Manager Salary

As of January 2021, PayScale lists the median annual salary for pharmaceutical project managers at approximately $94,100. Experience can significantly affect salaries, with PayScale reporting that those with 10 to 19 years’ experience in the field earn a median annual salary of roughly $120,000, and those with more than 20 years of experience earn a median annual salary of about $135,000.

Medical and Health Services Manager

While hospital administrators oversee overall operations, medical and health services managers specialize in care delivery. They ensure that care methods and treatment plans work to the benefit of patients. This can be a good fit for those with an MBA interested in a career that focuses on management at the patient level.

A medical and health services manager’s median annual salary is around $100,980. Responsibilities include coordinating the efficient delivery of patient care services; managing an entire facility or a specific part of a facility; recruiting, training, and supervising staff; and organizing records of facility services and infrastructure.

Medical and Health Services Manager Job Description

Medical and health services managers plan, direct, and coordinate patient care services. They may manage a specific department in a facility or fully manage a smaller clinic. Those in the role often recruit, train, and supervise facility staff. Additionally, they may maintain records of facility services and infrastructure.

Medical and Health Services Manager Salary

According to the U.S. Bureau of Labor Services (BLS), the median annual salary for medical and health services managers was approximately $100,980 as of May 2019, and can fluctuate depending on the industry. Those who work in government health facilities earned a median annual salary of about $111,520, while those in nursing or residential care facilities earned a median annual salary of about $86,820.

Healthcare Executive

Healthcare executives oversee the overarching strategies of a facility. These senior-level executives often focus on one aspect of its administration, such as the CEO, chief financial officer (CFO), or chief operations officer (COO). These positions are often the end goal for experienced healthcare managers using an MBA to advance their careers.

A healthcare executive’s median annual salary is around $153,500. Responsibilities include overseeing the integration of a facility’s healthcare delivery strategies, developing and executing strategies designed for facility growth and sustainability, representing a facility in high-level interactions such as to legislators or regulatory boards, and developing policy changes that aim to improve the patient environment.

Healthcare Executive Job Description

Healthcare executives develop, plan, and oversee high-level strategies designed to optimize the healthcare delivery process. They often focus their energies on a specific area, such as financial stability or facility growth. Those in the role often represent the facility to regulatory boards and government legislators.

Healthcare Executive Salary

While PayScale doesn’t specifically break out healthcare executive salaries by department, it lists the median annual salary for hospital CEOs at around $153,500 as of January 2021. Hospital CEOs in the top 10% made a median annual salary of around $306,000.

Make an Impact in an Important Field

Those who work to shape the future of healthcare also play a part in improving the lives of patients. Northeastern’s Online MBA program with a concentration in Healthcare Management offers students the knowledge and skills to become leaders in care delivery. Learn how Northeastern can prepare you to make a lasting impact in a critical industry.

Sources:
Financial Executives International, “The Evolving Role of the Healthcare Financial Executive”
Houston Chronicle, “Pros & Cons to Being a Hospital Administrator”
Houston Chronicle, “What Are the Duties of a Health Care Manager & Administrator?”
PayScale, Average Hospital Administrator Salary
PayScale, Average Hospital Chief Executive Officer Salary
PayScale, Average Project Manager, Pharmaceuticals Salary
U.S. Bureau of Labor Statistics, Medical and Health Services Managers
Xtalks, “Pharmaceutical Project Management: An Insider’s Career Path”

Graduate Certificates

Northeastern also offers a selection of online graduate certificates in seven relevant business topics. In these focused programs, you’ll take four to five graduate courses and tailor your learning experience to suit your goals. All certificate coursework is designed and taught by the industry-active, expert faculty from the world-class D’Amore-McKim School of Business.

Earn an online graduate-level credential in as few as five months, or take up to two years to complete. Upon completion of your graduate certificate program, you may be able to further your business education by applying your credits toward an eligible master’s degree such as Northeastern’s Online MBA or Part-Time MBA.

Graduate certificates are available in:

  • Accounting and Financial Decision Making
  • Business Administration
  • Corporate Finance
  • Corporate Renewal
  • International Business
  • Marketing
  • Supply Chain Management